Tableau is Crushed after Missing Earnings Expectations.
Tableau Software Inc DATA just released their fourth quarter fiscal 2015 earnings results, posting earnings of $-0.57 and revenue of $202.8 million.
Currently, DATA has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company's latest earnings report. Here are 5 key statistics from this just announced report below.
Missed earnings estimates. The company posted $-0.57 , missing our Zacks Consensus Estimate of $-0.09.
Beat revenue estimates. The company saw revenue figures of $202.8 million , surpassing our estimate of $201 million.
The company added over 3600 new customer accounts.
Revenues increased by 58% year-over-year.
DATA was down 41%, to $47.75 as of 5:59 PM ET in after hours trading shortly after its earnings report was released.
Tableau Software, Inc. engages in providing analytics and data visualization software. The company offers Tableau Desktop, Tableau Server and Tableau Public. It also provides related maintenance and support, and professional and training services. The company's product helps a single user on a laptop analyze data from a simple spreadsheet, or to enable thousands of users across an enterprise to execute queries against databases. Tableau Software was founded in 2003 is headquartered in Seattle, Washington.
Check back later for our full analysis on Tableau Software's fourth quarter earnings report!